Vulture, Tigers And Lions: New African Development Bank Legal Support Facility Set Ambitious Goals.

By: Ainsley Brown The African Development Bank (AfDB) has engineered a legal support wing charged with the responsibility of evening out the imbalance in legal expertise that many African nations face when negotiating complex commercial transactions. It will also serve as a necessary firewall for these nations by providing top notch legal advocacy when facing litigation, especially from vulture funds.

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Does The Future Of The Revised US-Swiss Double Taxation Treaty Depend On The Outcome Of The UBS Case?

By: Ainsley Brown UBS, the world´s largest wealth manager, has found itself embroiled in a diplomatic row between Washington and Bern. At issue is the interpretation of the current US-Swiss double taxation treaty and at stake is the newly inked, yet to be ratified, revised US-Swiss double taxation treaty. Does the future of the revised US-Swiss double taxation treaty depend

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Innovation may just be the solution

By Charles Wanguhu In many international forums the developed nations are always pushed to provide more aid in the fight against poverty. Several reviews on the effectiveness of aid have proved time and time again its ineffectiveness in poverty eradication. The latter has led to current aid driven projects to often try and include sustainability options in all projects undertaken.

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GreenTech War: Japan, China, Lithium, Batteries and Bolivia

By: Ainsley Brown A potential GreenTech war is brewing between Japan and China, location Bolivia. The salt flats of Bolivia´s Salar De Uyuni, where most recent James Bond movie was shot (Quantum of Solace) seems like the most unlikely place for  a green technology war, much less one between Japan  and China.  However, it very much is. Both countries through

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Australian Securities Regulators In Policy Quandary

By: Ainsley Brown The question that faces Australian securities regulators is what to do about two or more Chinese state owned enterprises together owing substantial shareholdings in an Australian company? At first blush it would appear that this is a case of China take over fear, however there is much more to the story than this. Indeed, there is a

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The Swiss Banking Business Model Faces Realignment

By: Ainsley Brown The world economic down turn has had many knock on effects, many of which unexpected. It seems that bad times has the uncanny effect of making the once unthinkable, unsayable and undoable all very much possible. The Swiss banking model can be best characterized with one word: Secrecy. This don’t ask don’t tell attitude is more than

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Piracy Kenyan Courts Forum non conveniens?

By Charles Wanguhu The doctrine of Forum non conveniens offers a court the opportunity to decline, in the interest of justice, to exercise jurisdiction, where the suit is between aliens or nonresidents, or where for kindred reasons the litigation can more appropriately be conducted in a foreign tribunal. Placing the above in context, what is Kenya’s interest in a British

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Ferrero Rocher Cleared In Hazelnut Fraud

By: Ainsley Brown The world´s largest purchaser of hazelnuts and the maker of a very tasty treat, Ferrero Rocher, has been cleared in the English courts of a £20 million fraud. The suit was brought against the Italian chocolate company by the Bank of Tokyo Mitsubishi and others alleging that deceit, negligent misrepresentation and conspiracy for a deal involving the

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